During my time on the Lake Oswego City Council, I was known as a staunch budget hawk. With my fiscal leadership, we were able to fund our priorities without raising anyone’s taxes. We dramatically reduced our unfunded liability for road maintenance, rebuilt our operations and maintenance center, and rebuilt city hall and the police station – all without asking for an extra dime from our residents. This is the kind of leadership we need at the state level. Instead of simply adding programs and bureaucracy without regard to cost, we must ask ourselves, “If we want to fund something new, what can we live without?”
Oregon can do more with the revenue that we already have – without raising anyone’s taxes. How we manage our finances determines what we can afford: roads, schools, bridges – even PERS. As an experienced treasurer and analyst, I can offer reliable management of our state’s finances to help put our state back on strong financial footing. I have been Treasurer of the Legacy Emanuel Hospital Foundation, USA Olympic Swimming, and two subsidiaries of Northwest Natural Gas. I’ve also worked as an analyst and investor for more than thirty years. I have the experience to make educated and wise decisions – and when need be – the fortitude to make tough choices.
Our PERS system is unnecessarily complicated to administer. We can trim the administrative costs to make the program more affordable while keeping our obligations to state retirees.
We need to move audit functions of the treasurer’s office to the Oregon Investment Council – for both independence and objectivity, as well as cost savings from the current model of using outside consultants. We also need to regain the public’s trust by restoring the treasurer’s website to give citizens access to information that has been concealed since the current treasurer took office.
Did you know that more than 40% of my opponent’s campaign contributions last year came from out-of-state class action law firms that either do business with the Treasury or are trying to? This is a blatant conflict of interest, one that Oregon Public Broadcasting has called out recently. I have pledged to refuse any campaign contributions from companies that do business with the treasurer’s office, or their employees.